AmBase Co. (OTCMKTS:ABCP) Short Interest Up 23.3% in December

AmBase Co. (OTCMKTS:ABCP) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 14,800 shares, an increase of 23.3% from the November 30th total of 12,000 shares. Based on an average daily volume of 34,600 shares, the short-interest ratio is currently 0.4 days.

AmBase Trading Down 4.0 %

Shares of OTCMKTS ABCP opened at $0.31 on Monday. AmBase has a 12-month low of $0.14 and a 12-month high of $0.46. The stock’s fifty day simple moving average is $0.33 and its two-hundred day simple moving average is $0.34. The stock has a market capitalization of $13.06 million, a PE ratio of -2.59 and a beta of 0.59.

About AmBase

AmBase Corporation does not have significant operations. Previously, it invested in a real estate development property. The company was incorporated in 1975 and is headquartered in Coral Springs, Florida.